Q4 2024 EPS Estimates for Canadian Pacific Kansas City Limited Lowered by Analyst (TSE:CP)

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) – Research analysts at Atb Cap Markets dropped their Q4 2024 earnings per share (EPS) estimates for shares of Canadian Pacific Kansas City in a research note issued to investors on Monday, October 14th. Atb Cap Markets analyst C. Murray now expects that the company will post earnings of $1.29 per share for the quarter, down from their prior forecast of $1.35. The consensus estimate for Canadian Pacific Kansas City’s current full-year earnings is $4.34 per share. Atb Cap Markets also issued estimates for Canadian Pacific Kansas City’s Q4 2025 earnings at $1.54 EPS and FY2025 earnings at $5.08 EPS.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its quarterly earnings data on Tuesday, July 30th. The company reported C$1.05 EPS for the quarter, beating the consensus estimate of C$1.01 by C$0.04. Canadian Pacific Kansas City had a return on equity of 8.10% and a net margin of 24.46%. The firm had revenue of C$3.60 billion during the quarter, compared to the consensus estimate of C$3.55 billion.

A number of other brokerages have also recently issued reports on CP. Barclays lifted their price objective on shares of Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the company a “buy” rating in a report on Wednesday, September 25th. Desjardins lifted their price target on Canadian Pacific Kansas City from C$131.00 to C$132.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. ATB Capital increased their price objective on Canadian Pacific Kansas City from C$130.00 to C$133.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 31st. Sanford C. Bernstein dropped their target price on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a report on Wednesday, October 9th. Finally, JPMorgan Chase & Co. upped their price target on Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the stock an “overweight” rating in a report on Tuesday, October 8th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$121.13.

Canadian Pacific Kansas City Stock Performance

TSE CP opened at C$112.72 on Thursday. The company has a current ratio of 0.51, a quick ratio of 0.42 and a debt-to-equity ratio of 50.47. The company has a fifty day simple moving average of C$112.13 and a 200 day simple moving average of C$111.86. Canadian Pacific Kansas City has a 12-month low of C$94.45 and a 12-month high of C$123.37. The company has a market cap of C$105.18 billion, a P/E ratio of 30.22, a PEG ratio of 2.32 and a beta of 0.79.

Insider Buying and Selling at Canadian Pacific Kansas City

In related news, Senior Officer John Kenneth Brooks sold 21,700 shares of the company’s stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of C$112.01, for a total value of C$2,430,629.59. In related news, Senior Officer John Kenneth Brooks sold 21,700 shares of the business’s stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of C$112.01, for a total value of C$2,430,629.59. Also, Senior Officer Laird Joseph Pitz sold 5,480 shares of the company’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of C$79.71, for a total transaction of C$436,796.55. Corporate insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, October 28th were given a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend was Friday, September 27th. Canadian Pacific Kansas City’s dividend payout ratio is 20.38%.

About Canadian Pacific Kansas City

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.